Allegiant Travel (NASDAQ:ALGT - Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.500-1.500 for the period, compared to the consensus EPS estimate of 1.780. The company issued revenue guidance of -.
Allegiant Travel Stock Down 3.1 %
Shares of Allegiant Travel stock traded down $1.68 during trading on Friday, hitting $53.22. 266,505 shares of the stock traded hands, compared to its average volume of 409,088. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 1.36. The stock's fifty day simple moving average is $77.33 and its 200 day simple moving average is $74.30. The firm has a market cap of $975.95 million, a P/E ratio of -3.98 and a beta of 1.64. Allegiant Travel has a 52-week low of $36.09 and a 52-week high of $107.57.
Allegiant Travel (NASDAQ:ALGT - Get Free Report) last posted its earnings results on Tuesday, February 4th. The transportation company reported $2.10 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $1.62. Allegiant Travel had a negative net margin of 9.56% and a positive return on equity of 3.33%. On average, equities analysts predict that Allegiant Travel will post 7.7 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of analysts have weighed in on the company. StockNews.com upgraded Allegiant Travel from a "sell" rating to a "hold" rating in a report on Wednesday, January 15th. Morgan Stanley raised their price objective on Allegiant Travel from $90.00 to $95.00 and gave the company an "equal weight" rating in a research report on Thursday, February 6th. UBS Group reduced their target price on shares of Allegiant Travel from $93.00 to $61.00 and set a "neutral" rating for the company in a report on Thursday, March 20th. Barclays raised their price target on shares of Allegiant Travel from $85.00 to $100.00 and gave the company an "equal weight" rating in a report on Thursday, January 16th. Finally, Bank of America boosted their price objective on shares of Allegiant Travel from $54.00 to $95.00 and gave the stock an "underperform" rating in a research note on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $84.60.
Check Out Our Latest Stock Analysis on ALGT
Allegiant Travel Company Profile
(
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Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 1, 2024, it operated a fleet of 126 Airbus A320 series aircraft.
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